Why bother troubling yourself with today’s market prices? We all knew this was coming, so let’s not act all “rapish” now that it’s here. Looking ahead, there are many wonderful things to look forward to. In particular, I am eagerly awaiting the beginning of the hurricane season, scheduled to begin in mid August.
Falling victim to a “Deacon of Death”, as some like to call them, is like winning the lottery, only more permanent. I can guarantee you, should your retarded home get blown to pieces (extra three little pigs), the stock market decline will not bother you in the least.
By then, stocks should be down anywhere from 30-50%, terrified by a spectacular Chinese collapse and subsequent popular uprising. North Korea would have detonated 20 nuclear bombs on its neighbors and commodity prices would have fallen by at least 40%, bankrupting thousands of companies in the process.
Ben Bernanke will attempt to “QE Again,” but the market will become smart to his parlour tricks, sending treasuries to the graveyard, alongside the US economy–leading to default. At that point, our sagely government officials will attempt to curtail the dollar’s precipitous drop by “taxing the rich” through the seizure of bank and retirement accounts.
The Dow Jones Industrial Average will trade down to 38.
Let us enjoy these modest declines and savor the diminishing taste of crony capitalism, for it shall be ending sooner than you think!
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no asteroid or meteorite smashes into earth?
phew!
There will be no asteroids striking the Earth.
Silver linings abound!
I may sue for copyright infrigement
Master Fly, under these circumstances, would one be wise to go short? Please bequeath upon us your wisdom. Or should one simply retreat to one’s bunker?
Retreat to the bunker, where you may indulge yourself by eating nothing but riced crispy treats.
I shall then, with copious amounts of inexpensive beer.
Each time I’ve shorted, a modest length of my penis has been collected (via Bernanke guillotine) to my astonishment and horror. Only one inch remains. Please learn from me, young man…
I have learned, and I shall refrain from shorting my penis.
You need a penis extension.
Penises are put to good use by the handsome, or those with large accounts. It’s quite apparent I have neither. Pity me not, it took this tragedy for me to learn my lesson.
Go drink some crafted beer
And play with a cactus.
That’s some funny conversating among men.
No shorts until Horatio Clawhammer rides upon the scene, clad in black burlap!
Let’s enjoy the present before the next ice age, where vast tracts of Real Estate will be smoothed over by advancing/retreating ice sheets.
That’s a pleasant thought.
Hyperbole much?
LOL! You guys are funny. Us girls sip champagne and wait for those 50% off-sales to go shopping
Go make me a sandwich.
It’s the 4 and 4 strategy playing out here.
EXK 4 and AAPL 400. The Art & Cook road show won’t play in Peoria.
Asteroids? Don’t be silly. We are on the Titanic – Captain Ben Bernanke is saying full speed ahead! Protect yourselves, for Gods sake, run for the hills! I have warned you for the last time…maybe one more time.
Short everything 🙂 not PMs though
Do you have NUGTs of information we don’t know about Old Turkey?
Oh and BTW, seems like every year by the time we get to April 18th the market drops lol…Buon Campanello!
😉 yes, I know.. scary
and thanks,,
some shit happening in WH… all over the news
AG appears to be trying to revert to the mean by bringing the mean down with it…
Bravo!
This “IS” the long term outlook grasshopppers.
shorted some bac, the stock looks like there is no support till 11 bucks
One of PPT’s worst stocks or not, I say TITN is a buy here. I’m just glad I sold out at 29 😉
I know you’re not supposed to fall in love with a stock, but the ranges on TITN have made me more money than any other single stock over the past 2-3 years.
Jan 23rd:
Jeff Gundlach on AAPL: “This is a broken company that is incredibly overowned”
Ha Ha
“AAPL is not a $200 stock.” – TMoe.
when PM start using sri lanka as a reason to buy gold, shouldnt you run for the door or short it to death?